View Single Post
Old 06-12-2016, 12:57 PM   #31
Emperor Smeat
Former TPWW Royalty
 
Emperor Smeat's Avatar
 
Posts: 48,403
Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)
Quote:
Originally Posted by Smelly Meatball View Post
Quote:
Originally Posted by Observer
In an interesting story, Pro Wrestling Torch reported that the ownership of the name TNA was taken over by Aroluxe Media LLC on 5/3. They registered the ownership of the name TNA from May 3, 2016 to 2021. This company still owns the names TNA Wrestling and TNA Entertainment, LLC., as well as names associated with Impact Wrestling. They’ve been pushing the name Impact Wrestling over TNA to a degree for years.
Small update to the story involves Dixie Carter staying as majority owner of TNA and the deal itself was only for ownership of the company's name. Besides ownership of the name, Aroluxe also took over all financial responsibilities for TNA going forward.

Of all the possible new investors and/or owners, they were the only one willing to accept TNA's demand of leaving Dixie in charge.

Quote:
According to PW Torch, Aroluxe Marketing now owns the “TNA” name. They took ownership of the name but not the entire company. Dixie Carter’s company still owns the names of Impact Ventures, TNA Entertainment, and TNA Wrestling. Carter also remains the majority owner of the company, despite the Aroluxe Marketing group’s ownership of the TNA name itself.

Aroluxe Marketing can now do business under the name of TNA, according to PWInsider. They, too, claim that Carter remains the owner of the company itself.

It was reported several times over the last few months that an investor was helping TNA with their television tapings by flying in talent and helping with hotel stay a bit. Apparently, the Harris brothers were behind this. The brothers and especially their employees have been overseeing production for TNA, as well. Aroluxe is also responsible for TNA’s payroll duties and will remain working with TNA on production for the Impact Wrestling tapings.
http://www.inquisitr.com/3193561/tna...er-of-company/
Emperor Smeat is offline   Reply With Quote